iShares S&P 500 Value ETF (NYSEARCA:IVE) Shares Sold by M&T Bank Corp

M&T Bank Corp trimmed its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 2.2% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 1,079,795 shares of the company’s stock after selling 23,903 shares during the period. M&T Bank Corp owned 0.68% of iShares S&P 500 Value ETF worth $187,766,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Ellis Investment Partners LLC grew its holdings in iShares S&P 500 Value ETF by 0.4% in the fourth quarter. Ellis Investment Partners LLC now owns 15,815 shares of the company’s stock valued at $2,750,000 after purchasing an additional 63 shares during the period. Cadinha & Co. LLC increased its holdings in shares of iShares S&P 500 Value ETF by 1.0% during the 3rd quarter. Cadinha & Co. LLC now owns 6,360 shares of the company’s stock worth $978,000 after buying an additional 66 shares during the last quarter. Trifecta Capital Advisors LLC raised its position in shares of iShares S&P 500 Value ETF by 2.0% in the 4th quarter. Trifecta Capital Advisors LLC now owns 3,401 shares of the company’s stock worth $591,000 after buying an additional 66 shares during the period. Oxinas Partners Wealth Management LLC boosted its holdings in iShares S&P 500 Value ETF by 1.1% in the fourth quarter. Oxinas Partners Wealth Management LLC now owns 6,529 shares of the company’s stock valued at $1,135,000 after acquiring an additional 71 shares during the last quarter. Finally, Financial Counselors Inc. grew its position in iShares S&P 500 Value ETF by 0.7% during the fourth quarter. Financial Counselors Inc. now owns 10,184 shares of the company’s stock valued at $1,771,000 after acquiring an additional 71 shares during the period.

iShares S&P 500 Value ETF Trading Up 0.5 %

NYSEARCA:IVE traded up $0.96 on Friday, hitting $180.32. 762,738 shares of the stock were exchanged, compared to its average volume of 949,120. The stock has a market cap of $32.30 billion, a PE ratio of 23.38 and a beta of 0.84. iShares S&P 500 Value ETF has a fifty-two week low of $147.23 and a fifty-two week high of $187.24. The stock has a fifty day moving average of $181.52 and a 200-day moving average of $172.54.

About iShares S&P 500 Value ETF

iShares S&P 500 Value ETF (the Fund), formerly iShares S&P 500 Value Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the S&P 500 Value Index (the Index). The Index measures the performance of the large-capitalization value sector of the United States equity market and consists of those stocks in the S&P 500 exhibiting the strongest value characteristics.